Regional plans for Knights

Regional legal firm consolidator Knights (LON: KGH) has continued its acquisition strategy despite the problems due to Covid-19 and management believes that more regional firms may prefer the security of being part of a larger group.

The first half was tough due to the original lockdown, but trading has been better since then and the second half should show double digit growth in revenues and significant progress in profit. Salaries were reduced in the first half, but they have returned to normal levels.

Figures

In the six months to October 2020, revenues were 45% ahead at £46.2m, al...

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Andrew Hore
Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.